PRESS RELEASE
          Contact: Clyne Media, Inc.
          Tel: (615) 662-1616
          Fax: (615) 662-1636
        FOR IMMEDIATE RELEASE 
          
        
        WAVES ANNOUNCES VERSION 6 ENHANCEMENTS 
          
          FOR ITS PLUG-IN LINE 
        — V6 features Easy Authorization, iLok.com Support, and TLC Theft 
          & Loss Coverage —
        TEL AVIV, ISRAEL, July 11, 2008 — Waves 
          Audio announces the release of its long-awaited Waves Version 6 (V6) 
          software. Developed as a direct response to customer comments and suggestions, 
          V6 delivers a major improvement to the overall Waves user experience. 
          Available at no additional charge to users covered by Waves Update Plan, 
          V6 offers updated features and functionality throughout Waves’ 
          extensive product line.
        Waves’ 90-plus processors are used in the creation 
          of hit records, major motion pictures, and popular video games the world 
          over. V6 introduces several new enhancements, including iLok.com Support, 
          a new simpler way to register and authorize Waves products; TLC Theft 
          & Loss Coverage protection program, a Waves exclusive which ensures 
          that product authorizations are never lost due to iLok key theft or 
          loss; and complete compatibility with all major audio hosts and operating 
          systems, including Vista and Leopard.
        Installation is remarkably simple and straightforward. 
          Users upgrading to Version 6 can choose among three main installers, 
          Essentials, Expanded, and Complete, each with a specific subset of Waves 
          plug-ins and bundles. During the installation process, users will be 
          prompted to choose the specific products they want, and only those selected 
          tools will be installed. Additional installers for 360° Surround 
          Tools, Studio Classics Collection and Waves Certification are also available.
        Also new from Waves are Personalized Upgrade Paths, which 
          lets users step up from the products they have to the products they 
          want, no matter what product or combination of products they currently 
          own.
        The Waves Version 6 update is available at waves.com, 
          where users can also demo V6 before installing and view V6 video tutorials.
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          About Waves Ltd.:
          Waves is a leading provider of audio DSP solutions for professional, 
          broadcast, and consumer electronics audio markets. Waves has ten years 
          of expertise in the development of psycho-acoustic signal processing 
          algorithms that leverage knowledge on the human perception of hearing 
          to radically improve perceived sound quality. Waves’ award-winning 
          processors are utilized to improve sound quality in the creation of 
          the world’s most popular music, movie soundtracks, and multimedia 
          titles. Waves offers computer software solutions and hardware plus software 
          solutions for the professional and broadcast markets. Waves also offers 
          semiconductor with embedded software solutions under the Maxx brand 
          for the consumer electronics audio applications. Waves’ Maxx technology 
          dramatically enhances audio performance in consumer applications and 
          has been licensed to several leading companies, including Motorola and 
          Microsoft. For more information, visit the Waves web site at http://www.waves.com.
        Other brand and product names may be trademarks of the 
          respective companies with which they are associated.
        Waves Contacts:
          North America Offices:
          Waves, Inc., 2800 Merchants Drive, Knoxville, TN 37912; 
          Tel: 865-909-9200, Fax: 865-909-9245, Email: info@waves.com, 
          Web: http://www.waves.com
        Corporate Headquarters Israel:
          Waves Ltd., Azrieli Center, The Triangle Tower, 32nd Floor, 132 Derech 
          Petach-Tikva, 
          Tel-Aviv 67027, Israel; Tel: 972-3-608-4000, Fax: 972-3-608-4056, Email: 
          info@waves.com, 
          Web: http://www.waves.com
        Waves Public Relations:
          Clyne Media, Inc., 169-B Belle Forest Circle, Nashville, TN 37221;
          Tel: 615-662-1616, Fax: 615-662-1636, Email: robert@clynemedia.com, 
          
          Web: https://clynemedia.com